Leading business process outsourcing (BPO) companies in the Philippines have reaffirmed their support of artificial intelligence, believing that AI integration would result in better opportunities for…
Digital Economy
Investing in Blockchain, Web3, and AI for Social Impact
Only 10 per cent of private capital investment in early-stage innovators reaches emerging markets. To address this gap, the UNICEF Venture Fund launched a new growth funding tier in 2021, with up to $…
ASEAN countries join hands for AI development
Southeast Asian countries have pledged to work together to foster the development of artificial intelligence (AI) in the region and established a working group on AI governance. In their recent meetin…
TikTok owners plan $2.1bn investments to turn Malaysia into AI hub
TikTok promoters are planning to expand their operations, and turn Malaysia into an artificial intelligence (AI) hub with new investments to the tune of $2.1 billion, an official revealed on Friday. T…
Kishida vows to develop 100,000 digital personnel with ASEAN
Japanese Prime Minister Fumio Kishida on Thursday announced a target of developing 100,000 personnel with advanced digital skills over the next five years in cooperation with the Association of Southe…
Microsoft bets $2.2bn on Malaysia hub for cloud, AI
Tech giant Microsoft has unveiled plans to invest $2.2bn in cloud infrastructure in Malaysia that will help accelerate the nation’s AI transformation over the next four years and better position the a…
Public-private collaboration ‘critical’ for digital economy growth: ASEAN
ASEAN’s digital economy is expected to grow to US$1 trillion by 2030, but roadblocks such as the digital divide between and within countries remain, said Nararya S Soeprapto, Deputy Secretary-Ge…
Microsoft to invest $2.2 bln in cloud and AI services in Malaysia
Microsoft (MSFT.O) said on Thursday it will invest $2.2 billion over the next four years in Malaysia to expand cloud and artificial intelligence (AI) services in the company’s latest push to pro…
Vietnam’s FPT to invest $200 million in AI factory using Nvidia chips
Vietnam’s top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia’s graphics chips and software, the two firms said on Tuesday. FPT plans to use N…
Elastic’s Ravi Rajendran on how AI and search are reshaping the data landscape for businesses
In today’s data-driven world, businesses are drowning in information. They collect vast troves of data from customer interactions, social media, sensor networks, and more. This data holds immens…